North America

Norbord’s European segment performs well in the 3Q/2018

Norbord Inc. reported Adjusted EBITDA of $211 million for the 3Q 2018 versus $200 million in the 3Q 2017 and [...]

US softwood lumber prices pick up slightly after weeks of drop

Trading in framing lumber picked up, and firming prices sent signals that a bottom had been found. Not all traders [...]

Canfor reduces sawmill operations in BC, while cutting production by 10%

Canfor Corporation will be curtailing sawmill operations in British Columbia (BC) during Q4 2018 due to log supply constraints, log [...]

Global pulp industry goes through prices decline

In the 2Q/18, global fiber prices indices dropped for the first time in five quarters, mainly because of the [...]

Canfor reports drop in lumber segment

Lower lumber prices and severe forest fires in Western Canada are partially behind Canfor's Q3 decline in both its [...]

Chinese plywood presence on the US market crashes due to countervailing duties

      US hardwood plywood imports from China have plunged this year after massive anti-dumping [...]

US lumber prices hit lowest level in two years

Disappointment permeated US framing lumber markets, as trading lacked follow-through from the previous week’s pickup in sales. One [...]

Canada’s San Group to build new sawmill

Canadian San Group has signed an agreement to purchase land on the Port Alberni Catalyst Paper mill site in order [...]

Homebuilding rebounds in the US

Sales of newly built, single-family homes rose 3.5% in August to a seasonally adjusted annual rate of 629 [...]

Vietnam’s wood industry to play a decisive role in the US-China trade war

Starting from mid-September 2018, the US decided to impose 10 percent tariffs with the total cost of $189 billion [...]